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Bitcoin(BTC) has hit a new lifeline after recently falling and testing support at $25000. Despite the market being in a state of turmoil due to a lack of high liquidity, this hit on the main support level challenged investors' 'wait-and-see attitude, causing prices to rise above $26400, forcing some to shift towards the largest cryptocurrency

A highly anticipated cryptocurrency strategist has stated that low market value counterfeit coins running on the Ethereum (ETH) blockchain may experience more rebounds. Anonymous analyst AltcoinSherpa told his 196700 fans on social media platforms that the local assets of the Image Synthesis Ecosystem Rendering Network (RNDR) may rise by more than 33%

Last Thursday (21st), the Federal Reserve decided to suspend interest rate hikes in September, and Bitcoin briefly broke through $27000. However, multiple officials expect to raise interest rates by another one yard before the end of the year, and the magnitude of next year's interest rate reduction will slow down

The price of Bitcoin has been influenced by various factors, including the global economic situation, policy adjustments, technological development, and market sentiment.Although the price trend of Bitcoin has always been fluctuating and unstable, from a historical perspective, it has also shown a certain degree of periodicity

Despite a brief consolidation below $28K, Bitcoin prices remain positive.The 50 day and 200 day moving averages have avoided death crossing and restored positive alignment

Bitcoin prices have attempted to rise again above the resistance level of $26500. However, BTC was unable to settle above $26700 and responded to the downward trend

On Friday (September 8th), the price of Bitcoin (BTC) remained stable, and after some fluctuations at the end of August, the market seems to have entered a consolidation state.At present, the Bitcoin market lacks clear directional trends, but there is still a large amount of trading activity

NYDIG stated that due to increasing concerns about economic recession and rising interest rates, BTC's performance in the third quarter was not surprising. But like previous cycles, the potential for halving remains strong

If the economy enters a recession, Bitcoin may collapse, or the Fed's tough stance may lead to a long-term economic downturn, and Bitcoin may fall by more than 46% from its current value.Until the Federal Reserve starts increasing market liquidity to boost the economy, there will be no sustained bull market in Bitcoin

Coin Circle to Dark MomentAs is well known, 2022 is a highly challenging year for the cryptocurrency market. The prices of mainstream digital assets such as Bitcoin and Ethereum have experienced a drop of over 70%, reminiscent of a devastating disaster

Bitcoin (BTC) bulls have put tremendous pressure on Bitcoin over the past week, with Bitcoin prices struggling between $27000 and $28500 due to the significant increase in Bitcoin prices over the past few days, with strong price trends reaching a high of $28500 before being rejected. $27000

The value of Bitcoin today is approximately $26000, and after the Federal Reserve issued a tough message, the price of Bitcoin has fallen by 4% in the past week.The price of Bitcoin remained above $26000 on September 25th and continued to show weakness after the Federal Reserve's interest rate decision last week